oil

Canada fire rages for seventh day, evacuees set for long wait
World

Canada fire rages for seventh day, evacuees set for long wait

A wildfire ripping through Canada's oil sands region was set to grow rapidly on Sunday but move further away from…
Blacklisted oil tanker returns to Libya’s Zawiya port
Business

Blacklisted oil tanker returns to Libya’s Zawiya port

A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed…
Oil heads for third week of gains as sentiment turns upbeat
Business

Oil heads for third week of gains as sentiment turns upbeat

Oil prices rose on Friday towards US$45 a barrel, heading for a third straight week of gains as market sentiment…
Italians go to polls for drilling referendum Renzi did not want
World

Italians go to polls for drilling referendum Renzi did not want

Italy went to the polls on Sunday for a referendum on off-shore oil and gas drilling rights, a complex issue…
Saudi to increase oil supplies to Egypt in new five-year deal
Business

Saudi to increase oil supplies to Egypt in new five-year deal

Saudi Arabia is to meet Egypt's oil needs for a five-year period, increasing the quantity of imported oil from 500,000…
Nuweiba oil spill cleared-up, but work in Ras Gharib ongoing: official
Environment

Nuweiba oil spill cleared-up, but work in Ras Gharib ongoing: official

An oil spill in Nuweiba harbor has been cleaned up, according to Kawthar Hanafy, head of the Environment Ministry's central…
Egypt’s Midor signs US$1.2 billion loan agreement
Business

Egypt’s Midor signs US$1.2 billion loan agreement

Egypt's state-owned Middle East Oil Refinery Company (Midor) has signed an initial loan agreement with three banks for US$1.2 billion,…
Libya’s NOC warns of more Islamic State attacks on oil facilities
Middle East

Libya’s NOC warns of more Islamic State attacks on oil facilities

Libya's oil facilities are likely to suffer further attacks unless a United Nations-backed unity government is approved, the head of…
Stocks knocked back as oil rally falters
Business

Stocks knocked back as oil rally falters

A faltering oil price rally pushed back European stocks and sent benchmark German Bund yields below 0.20 percent on Friday…
Iran could decide fate of first global oil deal for 15 years
Business

Iran could decide fate of first global oil deal for 15 years

The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel…
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